News: Starbucks Corp (SBUX.O)

SBUX.O on Nasdaq

79.44USD
19 Dec 2014
Price Change (% chg)

$-0.59 (-0.74%)
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$80.03
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$80.29
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Volume
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$84.20
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Mon, Dec 8 2014

Fitch: Starbucks' 5-Yr Growth Plan Could Yield $7B Plus Total FCF

(The following statement was released by the rating agency) CHICAGO, December 08 (Fitch) According to Fitch Ratings, Starbucks Corporation's (Starbucks: Fitch IDRs 'A-/F2') five-year plan to accelerate profitable growth is more than achievable. Based on Fitch's preliminary estimates, which conservatively assume annual capex of roughly 7% of revenue and the maintenance of Starbucks' 35%-45% dividend payout target, cumulative free cash flow (FCF) could exceed $7 billion over the next five yea

Starbucks debuts high-end Reserve roastery and cafe in Seattle

SEATTLE - Starbucks Corp Chief Executive Officer Howard Schultz, who introduced Americans to espressos, Frappuccinos and pumpkin spice lattes, is not about to let a bunch of well-funded independent coffee sellers beat his global chain at the super premium game.

Starbucks debuts high-end Reserve roastery and cafe in Seattle

SEATTLE, Dec 4 - Starbucks Corp Chief Executive Officer Howard Schultz, who introduced Americans to espressos, Frappuccinos and pumpkin spice lattes, is not about to let a bunch of well-funded independent coffee sellers beat his global chain at the super premium game.

Starbucks eyes booze, food and technology to boost U.S. growth

SEATTLE - Starbucks Corp, aiming to give cooling U.S. traffic a jolt, on Thursday announced it will add beer, wine, and evening snacks to thousands of domestic cafes, widen lunch offerings and roll out mobile ordering.

UPDATE 1-Starbucks eyes booze, food and technology to boost U.S. growth

SEATTLE, Dec 4 - Starbucks Corp, aiming to give cooling U.S. traffic a jolt, on Thursday announced it will add beer, wine, and evening snacks to thousands of domestic cafes, widen lunch offerings and roll out mobile ordering.

Starbucks eyes booze, food and technology to boost U.S. growth

SEATTLE, Dec 4 - Starbucks Corp, aiming to give cooling U.S. traffic a jolt, on Thursday announced it will add beer, wine, and evening snacks to thousands of domestic cafes, widen lunch offerings and roll out mobile ordering.

Suspected Texas robber killed after getaway car slams into Starbucks

HOUSTON - A man fleeing police pursuit after robbing a Houston video game store was killed on Tuesday when he slammed his Chevrolet Impala into a Starbucks coffee shop and flipped the car onto its roof, police said.

Starbucks scoops up coffee beans from China for blends, Asia sales

NEW YORK - Starbucks Corp has this year bought coffee beans from China at its highest volume ever, shipping data show, reflecting the country's burgeoning role as bean supplier amid supply concerns among traditional exporters.

Starbucks scoops up coffee beans from China for blends, Asia sales

NEW YORK, Nov 19 - Starbucks Corp has this year bought coffee beans from China at its highest volume ever, shipping data show, reflecting the country's burgeoning role as bean supplier amid supply concerns among traditional exporters.

Starbucks says wrongly accused of fighting Vermont GMO labeling law

- Starbucks Corp said on Monday it has been wrongly accused in online petitions of supporting a Grocery Manufacturers Association lawsuit to block Vermont's GMO labeling law.

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